2012-12-01
2012-12-31
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STATION
CNBC 43
KRON (MyNetworkTV) 18
KQED (PBS) 7
KTVU (FOX) 7
KPIX (CBS) 6
CNNW 4
CSPAN 4
KGO (ABC) 4
KQEH (KQED Plus) 4
KRCB (PBS) 4
MSNBCW 3
KOFY 1
WBAL (NBC) 1
WJLA 1
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LANGUAGE
English 115

Set Clip Length:


. it is very close to home. >> students in the area had back to school on tuesday except for sandy hook elementary school students. monday the supplies of for the school or move to a nearby town where sandy hook students will eventually return to class. >> we need to reach out with love. that is what our community is doing, putting our arms around people. that is still hard to discover why the 20 year-old student >> we know as investigators that the people want to know what happened, why did this happen? we will make it crystal clear picture as was as much as we possibly can. >> the atf is 0 in an on gun ranges author of this area. investigators now know that the shooter used to attend the target practice. >> we are learning about the shooter adam lanza. he had aspergers syndrome. we learn that adam lanza may have tried to buy a gun at six sporting goods last week. officers say he was unsuccessful and that attempts and that the employees had been interviewed by police. the chain has pulled several semiautomatic rifles from its shelves nationwide. >> citizens in los gatos even more deter

of silence in connecticut. today marks one week since a gunman walked into sandy hook elementary and opened fire, 20 students were killed, six adults died. connecticut governor malloy is asking the entire nation to join his state in the moment of silence to honor those victims. church bells will ring 26 times. >>> since last friday the sandy hook community and the entire nation has been coping with the tragedy back-to-back funerals have been taking place all this week in connecticut. latest services took place yesterday for benjamin and jesse, both were 6-years-old. more services are scheduled for today and tomorrow. >>> abc news will air a will stream it live on abc7news.com. >>> new this morning, president obama responding to an online petitionzwp)éhlling fr stricter gun laws in the wake of the school tragedy in connecticut. here's a portion of his comments moved to the white house website, just after 3:00 this morning. >> the president: i will do everything in my power as president to advance these efforts. because if there is even one thing we can do as a country  our children, we hav

concert to benefit the victims of hurricane sandy. good morning. i'm bill karins, this is "way too early." the show that must have been left off the guest list for the concert. thanks for being up with us this morning. we have a lot of news to talk about on this thursday, december 13th, including a new nbc/"wall street journal" poll on the cliff negotiations that doesn't bode well for the republicans. plus, babs sits down with the most interesting people of 2012, two of which could be the most interesting people in 2016, hillary and christie. we'll show you what they said in a moment. but first, before we get to the news live here at 5:31 a.m. in new york city sh as promised, i won't be uses this highly overused phrase with the initials f.c. yesterday. i asked for your best alternatives. you delivered. some, hysterically creative, others disturbingly crude. here are our runner up finalists. larry, thanks. budg budgetary boondoing will and double down nosedive and jason, money boo boo. and finally, linda with congressional cluster fudge. linda, sweet, sweet linda. what are we going

recovering from devastation caused by superstorm sandy. >> i think the most likely explanation here is sandy's impact was significant but was so short-lived that it didn't extend to the sample period of the employment report which was the week that covered november 12. >> reporter: hiring was also supposed to be weak due to worries about the fiscal cliff. with $600 billion in automatic tax hikes and government spending cuts set to start next yer, why aren't more firms postponing hiring decisions? >> what we're hearing from businesses is that it is really hard to actually pull back hiring right now, because they've already fired so many workers, gotten so lean that it's really difficult. >> reporter: but not all the surprises in the report were good. at 7.7%, the unemployment rate hit its lowest level since december 2008. but that was mostly due to people giving up their search for work. and there's another disappointing trend, weak wage growth. >> what we are not seeing is strong income generation. the slowing in wage gains-- the weak bargaining power of labor comes across in this report and

a total bust. courtesy of sandy, incredibly warm weather and, of course, the fear engendered by the serious issue that is the fiscal cliff. i see that weakness and i'm not crazy about these stocks, in general. but i think that the conclusion of the housing crisis is upon us. which means there will be more money going to building and fixing up homes in 2013 than there was in 2012. so that means there will be up comparisons, and that's good. there will be sure to buy housing-related play into the fiscal cliff jump if we get one next week. oh, and i'm including banks. they've really taken off here, too. in large part that is because the housing crisis is over. how about the rest of the world's growth? not that long ago we heard very smart short sellers write off both china and europe it was on a year ago that italy and greece would be following in disaster. of course, they subsequently turned out to be the single best places to invest for fixed income in the world. not only did the sky not fall, but you had to do some serious buying to keep up with the others around the world. w

last week's shooting. >> classes' will resume today or new town schools except those at sandy hook elementary. >> we're expecting more fuel services to be held today. >> renee marsh live from new town with more on how the people there are coping. >> there the next two to be very today. >> the morning continues in new town conn. today to more little bit as will be laid to rest. >> on monday more said a final goodbye to six your old jack pinto. >> as hard as any parent would take it. losing a first grader. >> a. large crowd showed up to say goodbye to secure old noah pozner. >> students in the area head back to school except for sandy hook elementary students. >> monday, supplies and equipment were moved to a neighboring town where sandy hook students will eventually turn to class. >> we need to lead with love. >> that is what i am seeing our community do. >> it is unknown why the 20 year-old gunman opened fire at the elementary school. police are interviewing witnesses answers for every evidence. >> we know as investigators the people of new town want to know what happened. we are g

of those killed at sandy hook elementary. yes as a part in an emotional memorial service for the victims last night. >> is yesterday his role for the committee here was comfort in chief for those who lost their family members inside sandy hook elementary school on friday. the nation continues to more lives lost in the connecticut school shooting. today the first filling will be funeral will be held for a six year-old jack cancer. on sunday more than 2000 people can call for a memorial service to remember the 26 lives cut short after authorities say 20 year-old adam lands of shot his way into sandy hook elementary and opened fire. >> we offer you our tears in our pain. our anger and our sorrow. >> president obama traveled to town where he met with the families and spoke at the service. >> what ever portion of sadness that we could share with you to these this heavy load we will gladly bear. >> the president raised a community for pulling together and said " more needs to be done to protect our children. >> to end this we must change. >> the gun law debate renewed. democratic senator diann

department says sandy had only a minimal effect. is it true a clean number and what are conspiracy theorists saying. >>> a comment hastings made last july. what does it say about s.e.c. rules and whether they are out of date. >> mcdonald's will post same store sales on monday gets an upgrade to buy taking the forecast to a street high after surveying franchisees. we begin with november jobs number. 146,000 nonfarm jobs added last month above forecast of 80,000. october and september payrolls were revised lower. unemployment rate fell by 0.2 to 7.7. that's the lowest in four years. the dip occurring mostly because more people stopped looking for work and were not counted as unemployed. as for hurricane sandy, the labor department says the storm did not substantively impact the november results and that probably was the biggest surprise to everybody. >> this is a very strong number. i think only u.s. government now can stop this kind of job growth. a fiscal cliff go over -- >> snatching victory from the jaws. >> a superstorm. nothing can stop the generation of jobs in this economy. >> there's

reports its losses from damage and destruction caused by superstorm sandy will be $1.3 billion. it's green monday. the second monday in december is considered a critical day for retailers as holiday shoppers begin to realize time is quickly counting down to christmas. phillip streible of rjo futures is here to get us going on a monday morning. happy monday to you. > > and also to you. > it is going to be a busy week. we have a fed meeting coming up this week, and a lot of people are talking about this so-called "gold storm." what does that mean? > > what people are doing is they are looking at this fed announcement that is coming up and seeing if the fed will make any kind of adjustment to the current policy that they have in place. there is some talk that they may adjust some of the duration of the treasuries that they are looking at purchasing, so the gold market may continue an upward rise right through $1,735. really i think the next key psychological level is $1,800. > what do you anticipate from the stock market? will we see any kind of follow-through on the jobs number this week? >

sandy hook elementary. >> that campus will remain a crime scene indefinitely after friday's mass shooting. investigatessers are trying to determine why gunman adam lanza singled out the school, which he attended as a child. federallation say he fired guns at shoot -- federal agents say he fired guns at shooting ranges over the years but not recently. cbs reporter marly hall joins us from newtown with more on what's happening. >> reporter: good morning, michelle and brian. it's a week before christmas, and here in newtown, connecticut, many families aren't planning for the holidays but planning funerals and there are several planned in the weeks to come. it's back to school for the children of newtown, connecticut with the exception of the students of sandy hook elementary school. kenneth canfield is a fourth greater at sandy hook. he heard screaming and gunshots in the room he was in. >> it was being banged on by the gunman. >> reporter: kenneth and his classmates won't be returning to sandy hook elementary. when they do go back, they will attend chalk hill school in monroe. >>

say the slow down in nonfarm payrolls will reflect the effect of sandy. joining us this hour is bank of america merrill lynch global research senior research economist michelle mire and we'll talk through everything that's been happening through jobs and what to expect. but first, there is a developing story. an earthquake off the northeast coast of japan triggered a tsunami warning. the warning has been lifted, but it was a 7.3 quake. so far no reports of any injuries or damage. it was for the same area devastated by an earthquake and tsunami back in march of last year. we will continue to bring you any developments. in the meantime, steve has some of the morning's top other stories. >> let's start with the markets. asian stocks rallying to 2012 highs overnight. the nikkei edging lower after hitting a se hitting hitting a seven month closing high yesterday. european trading, shares seem to be fwllat. bundesbank announced it had cut its growth outlook for the country. in the u.s., the nasdaq snapped its losing streak yesterday with its first gain in five days. the dow was on pace for

moh's slowdown in hiring falls squarely on hurricane sandy, not on any new or widespread weakness in the economy. >> i would expect that by december, we're going to see some bounce back. much of the disruption from sandy was people simply not being able to get to work or firms not employing people that they ordinarily would have. >> reporter: friday, the government will report it's monthly snapshot of the u.s. labor market. it, too, is likely to reflect temporary effects related to the aftermath of hurricane sandy. >> we're looking for only a 50,000 gain in jobs in november, well under that 170,000 average we've seen over the past three months. >> reporter: hurricane sandy's effects on hiring may be short- lived, but experts worry fiscal cliff concerns could result in a new storm brewing for workers looking to land a job in the coming weeks. suzanne pratt, "n.b.r.," new york. >> tom: citi and the financials lead the way higher on wall street, helping the dow top 13,000 again. but a big drop in apple shares kept the nasdaq from gains. by the closing bell, the dow was up 82 points,

number because of hurricane sandy. what do you think about that? > > i think the market will dismiss a weaker-than-expected number because of hurricane sandy and the distortions that it has and look more toward next month, or january's report, that we will get. so, i think they will let it slide. but it should be weaker than expected. i think that is expected by the market, so it shouldn't be a surprise. > goldman sachs has a call out that we will see a renaissance in commodities. are you bullish on any particular commodities here? > > i am bullish on the agriculturals, for reasons of which the supply and also the growing drought that we had this past year, the continued conditions that make for dry growing season next year as well. so i think from a supply/demand standpoint, yes, i think agricultural. the other thing i like, commodities in general, is when the fed's buying $85 million a month worth of treasuries, i think you are going to have to like commodities. > what is your play on the dollar? > > i would have expected it would have had a little more strength this year, especial

. if that included super storm sandy with it says was the biggest response and five years. if the red cross reports does not include the response to the sandy hook school shooting in connecticut. but the report enclosed a response to the theater shooting in or rock, colorado and the sikh temple shooting and wisconsin. the red cross says that throughout 2012, it opened more than 900 shelters and have more than 100,000 people forced from their homes. >> analysts say that 2012 holiday season was the worst for retailers is 2008 financial crisis, which sells a growth far below expectations. what chains like wal-mart and gap eat are thought to have done well, analysts expect much less for retailers such as barnes and noble and j.c. penney. experts say that the holiday slump is due to parts of the super storm sandy and rising concern about the fiscal cliff. they say sales rose 0.7% this holiday season compared to a 2% increase leisure. >> netflix's c. ito reed hastings pay with the double to $4 million next year, after he took a pay cut due to the management missteps and this year. hastings pay will inclu

storm sandy appear to be passing. new claims fell by 25,000 in the week ending december 1 to a lower than expected 370,000 requests. that's raising hopes about november's jobs data, which is due out tomorrow. grey, and christmas says u.s. employment firm challenger, grey, and christmas says u.s. companies annnced 57,000 job cuts last month. separately, the number of planned job cuts rose 20% in november from october's levels. on wall street, the dow rose 39 points, but the nasdaq added 15, the s&p up nearly five. >> reporter: i'm erika miller in new york. coming up tonight, we'll talk to the c.e.o. of kitchen store sur la table and get his outlook for holiday sales. >> tom: lots of theatrics today, but few visible signs of progress in washington towards a fix for the fiscal cliff. the only hopeful sign is that republicans and democrats are talking privately again. but they haven't worked out any of the big issues, including what to do about the nation's debt limit. washington will hit its borrowing limit early next year, darren gersh has the latest. >> reporter: sitting around the ki

, two little sandy hook boys laid to rest in emotional tribute. a heartbreaking mother's salute, saying the sky is crying. th this, as the rest of the students in newtown head back to school. we're live on the scene. >>> winter weather slam. 100-mile-per-hour winds slam the northwest. this tree lands inches from a baby's crib. now, blizzard warnings up, as a major storm is set to snarl holiday travel across the northwest. sam is tracking it all. >>> and two of the most famous stars in the world say "you're the one that i want" again. >> why don't we do a whole album? >> that's a terrific idea. >> travolta and newton-john, reuniting for the holidays. only on "gma." >>> good morning, america. hello to robin, recovering at home. elizabeth vargas is here. so much of our attention is still on newtown. more funerals are planned for today. >> it's unclear when the elementary school survivors will be able to go back to the classroom. this school in a nearby town is being readied for them by volunteers. and teachers have already been meeting to find a way to start this normal routine for them ag

inspired the nation." >>> the man accused of walking into sandy hook elementary school in shenandoah county, virginia with a two by four will be in court. the incident happened last week in strasburg. 33-year-old christopher johnson wrote high-powered rifle on the board. police say he made general statements about school safety. nobody was hurt. johnson is now charged with disorderly conduct. >>> today is the first day of the nation's gun show in chantilly. protesters plan to be out in full force. the group code pink is preparing to demonstrate outside the dulles expo center. do you remember this? this was at that nra announcement. the group interrupted that conference last week and say they want stricter regulations when it comes to buying guns. >> rules on gun shows are very loose. and feeling is that this is not a sane way to protect you and me and our kids. >> despite the protests, gun stores say they've actually seen a huge increase in sales because many fear stricter regulations in light of the newtown school shooting. >> 6:05 is our time now. we're a little more than 48 hours away if

this track ♪ >> we'll take you to the concert that raised nearly $30 million for superstarm soorm sandy reli. "the newsroom" starts right now. >>> good morning. car roll is off today, i'm don lemon. breaking news out of afghanistan, just a short time ago a suicide bomber detonated a vehicle outside the gates of kandahar airbase. defense secretary leanne panetta had been there, traveling there but he left hours earlier. not clear if the attack was tied to his visit. there are initial reports, though, that several coalition soldiers were wounded along with as many as ten civilians. we'll keep you updated on that attack here on cnn as we get new information. >>> and also new this morning, there are details out of the man behind the shooting rampage in oregon and the tragic aftermath of his rage. and we now know more about his victims as well. this is 54-year-old cindy ann yuille. she was a hospice nurse and family say everybody's friend. steve forsyth had two children and loved to coach kid's sports. the 45-year-old businessman had a zest for life, a wicked sense of humor and never said a bad w

to school. all, except, of course, sandy hook, which police say could remain a crime scene for months. up to 100 volunteers in the neighboring town of monroe, are hard at work getting this unused middle school ready for sandy hook students to attend. it could be ready this week. but there's no word on when classes will resume. >> definitely, at the very least, want to give the children the opportunity to see their new school and to be -- as comfortable as they possibly can in that new area. >> reporter: meanwhile, the first two victims were laid to rest on monday. jack pinto, the 6-year-old boy who loved the new york giants, was buried in the jersey of his favorite player, victor cruz. >> his favorite team was the giants. he talks about how good he is. and i'm with him. he's really good. >> reporter: jack's friends from the wrestling team honored their friend by wearing their little uniforms. just a few miles away, white balloons. a symbol of purity and hope line the street for another funeral. this one for 6-year-old noah pozner, who was remembered for his love of super mario brother vid

noise in this report. early thanksgiving, hurricane sandy. is this rally at the end of the day having anything to do with any anticipation of the jobs report? what are you looking for? >> no, i don't think so. we're looking for almost exactly half. we had 171,000. the consensus is 85 to 90,000. we're looking at half. i understand that, you know, superstorm san difs a horrible event, and i am sure it's going to take some jobs out, but it's going to also be a bit of an excusetrending well. i'll give you an example. wells fargo gallup does a small survey. on hiring, small businesses dropped to the lowest level of opt miimism in four years. it doesn't matter what ben bernanke does. i think his programs have long since not really helped the employment side, but the fiscal cliff is doing obvious damage. that's going to make what everybody knows is coming. we ran out of two years to sell. they're going to go from a twist to outright purchases. it's fully built into the market, but it isn't going to help. the fiscal cliff is going to do more damage to the psyche of job creation than anything

as adp misses estimates. the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal. as i've been telling you we'll see a lot of big deals -- i was wrong. here we are. freeport mcmoran buying not one but two companies. the combined price if you add it all together gets close to $20 billion. that does include debt. let's go through some of the details. it's somewhat complex. let's start with bigger of the two deals. freeport's purchase of plains. approximately $6.9 billion in total now. it's a cash and stock deal. .6531 shares and 39 bucks a share in cash. that adds up to $50 a share. that's a fairly significant premium when we look at where pxp, that being the ticker symbol in

. >> you have a combination of 11 year old age of autos, destruction of -- by the way, sandy was an auto destroyer. loss of life. horrible. terrible. it also took out many more cars than people realize. you have to pump overtime to be meet the demand. >> we're still adding up sandy and figuring that out. we're far from figuring that out. hundreds of thousands of automobiles. where are we? 15 plus at the end? >> it's possible. 15. it puts people to work in the country. they don't just add in mexico. mexico is booming. fabulous moment for mexico. they will add in this country too. >> there's talk that their share of the market in the northeast, the big three, is not as high as it is in the rest of the country. we live in part of the country where incomes are higher. you may see better numbers out of bmws and mercedes. >> i don't know the percentage that's brought into the new jersey, new york area, the ones that you always see when you go over a bridge and you look down and this is new york -- i don't mean to be too centric. the foreign cars have to replenish quickly. american cars have to

, outside the wake of sandy hook elementary principal dawn hochsprung. and there was this. hundreds of firefighters standing at attention at the funeral of 7-year-old daniel barden, who wanted to be one of them when he grew up. today, vice president joe biden will begin meeting with law enforcement officials to discuss how to prevent another tragedy like newtown. we're going to have more on those talks coming up in just a moment. >>> and new concerns about marijuana and prescription drug use among teens this morning. a new survey finds 23% of high school seniors now admit smoking pot in the last month alone. 7% say they smoke it every day. and 1 in 12 teens now admits to using the stimulant adderall, which treats attention deficit disorder. a significant increase from just three years ago. >>> and finally, a $500 million mystery this morning after a whole lot more than a prayer was left at jerusalem's holiest of sites. a visitor at the famed western wall found an envelope, you guys. it was filled with more than 500 checks, each written for $1 million. the checks were signed but not

to read the names of the children and adults killed at sandy hook elementary school in connecticut. as the debate over how to happened in newtown connecticut continues. the national rifle the northbay was bombarded with heavy rainfall. in corte madera heavy rains kept some christmas shoppers at home. the rain brought with it flooding to many parts of the north bay. crews worked to clear roadways and make it safe for those who braved the >> i braved the rainfall, to get at the shopping done. >> a much needed break from the rain today will allow last minute shoppers to get their shopping done today before more showers arrive for christmas. please make readable for anny the raiders playing out the >> po 42 degrees rebels, with locally dense fog. novado, 42 degrees--right now. there is a storm system ruling through the pacific. just in time for the holiday, is brewing that storm system- over the pacific. mainly cloudy conditions for christmas day. you can see heavier rainfall for santa rosa. even towards petaluma. and just light rainfall for the bay bridge, oakland and delta and portio

garden, as the 12-12-12 concert for sandy relief got under way. ♪ it's now or never >> reporter: it is a star-studded show. raising money for residents of the tristate area, still suffering after the storm. >> the damage from sandy was as much as $70 billion. our national and local governments are responding but it's just not enough, which is why we're here tonight. >> reporter: the money raised here will go to an organization called the robin hood relief fund, and then it will be distributed to sandy's hardest hit areas. ♪ get you on your feet again >> reporter: the stars helping out have strong personal connections to the region. many are either current residents of the tristate area or many grew up here. ♪ but tomorrow there will be sunshine ♪ >> reporter: no one is more associated with new jersey than the boss and the members of his band. >> yes, it's a little bit more personal because literally the jersey shore where we grew up. >> reporter: the jersey shore hit hard by the storms. residents there and people here acknowledge it will take years to rebuild and billions

events may have, of course, pushed consumers to spend less this season including hurricane sandy and concerns about how tax hikes from the fiscal cliff could impact their wallets. joining us for more on the numbers is michael mcnamara of mastercard advisers. great to have you with us. many analysts, retailers had high hopes for the season. i think it's looking weaker than expected. of course we had hurricane sandy and we're dealing with the fiscal cliff, as well. what do you think the big driver was of these slower growth numbers? >> well, good morning. yes, you hit on two of the big ones. really the season tripped coming out of the starting gate with hurricane sandy. the impact in the northeast and mid-atlantic, both those regions of the country actually had negative holiday seasons for the holiday-related sectors that we track. other areas of the country that were not impacted by significant weather in the southeast, south central, mountain and west, were up 2% to 4% year over year. so really depended on where you were in the country, how but during the holiday season. >> okay.

and sites have pledged to participate. and on twitter, the hash tag moment for sandy hook is trending. memorials and funerals continue today. there was a funeral for the mother of the gunman, nancy y lanza. >>> big changes coming to the forecast. rain on the way. and a lot of it! >>> the silicon valley humane society is offering a big discount from now to the end of the month for anybody looking to adopt a dog or cat this holiday season. jeff shows you some of the animals up for adoption. >> reporter: the fee can be about $200 depending on where you go, but the silicon valley humane society has a special this month. $12, and you can have a new member of the family just in time for the holidays! >> we have adult, young ones, short-hair, long-hair, brown, white, fluffy, curly hair. we've got everything! >> reporter: the humane society wants to set you up with a pet for the holidays. they will match your new pet to your lifestyle. >> if you're looking for a couch potato, we've got them. if you're looking for a dog for going out and running and exercises, we have that dog for you. >> repo

in newtown, connecticut will return to class. the first funeral for sandy hook elementary students were held monday. family and friends said good buy to jack pinto. jack was a huge giants fan who was buried in his victor cruz jersey. the other service was for noah pozner. his best friend was his twin sister. she was in another classroom and survived the shooting. two more funerals will be held today. >>> after his emotional speech in newtown sunday night, president obama sat down with some of his cabinet members yesterday to talk about what can be done to better protect americans from that shooting. a possible action includes new gun control laws and the president could try to attack -- enact some new gun rules through executive order. >>> residents in maryland, virginia and the district are just three digits away from help if they're having trouble coping with the event in newtown. you can call 211 for advice or counseling. the free service is staffed 24 hours a day seven days a week with operators who speak more than 200 languages. >>> it is 5:05. let's go to something a little lighter, yo

superstorm sandy. find out at 8:30 a.m. eastern. and cut! very good. o geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >>> welcome back to "squawk box" everyone. the futures right now are at this point right around the flat line. we had seen the dow futures up by 15 points or so, it's come back down but probably a lot of people waiting to see what happens in washington because it's been driving trading for several weeks. >>> honda is expecting within two years it will export more vehicles than it imports from japan. the company says the factories will take on a larger role in global product development at that point. >>> all right, i've been wanting to ask larry some specific questions and i'm going to do it now because actually some of the stuff you talk about doug oberhelm, you teach economics, you're an economic sage so the mantra and we heard it again that if we could get rid of the, which is hard, but is the obama's administration resi

injuries. >> the people of new town, conn. are marking one week since the shooting at sandy hook elementary. some tributes are planned for later this morning to remember those who died. >> 26 christmas trees one for each victim at sandy hook elementary. 27 guardian angels representing the lives lost including the shooter's mother. marking a week since the tragedy church bells will pull on friday. >> we will be ringing it 28 times. we recognize that there are 28 lives were lost. in our face got allotments for everyone. part of the faith is about for giving. >> for some people it is too soon to forgive. for some people they need to go to that process. first of all grieving and morning. before there is room to forgiveness. >> in new town symbols of the holiday season mixed with signs of imme there is giv young women collect donations and head out coffee and food are free courtesy of anonymous donors from far away. >> it is a nice thing the people are heartwarming. >> after a week the wounds are still fresh. for many it is impossible to count 28. >> in the midst of what seems like what is unima

is happening. today, three more victims of the sandy hook massacre will be laid to rest. emily parker. josephine gay and anna martez green. this as the entire country paused for silence for the 20 children and six adults killed. at the funeral of 6-year-old dillon oakley a special balloon tribute from his older brother. [bagpipes] >> the bagpipes get you every time. >> could take out months to figure out exactly why the shooter went on that deadly rampage in the first place. an emotional memorial in washington celebrating the life and public service of senator daniel inouye ♪ >> political leaders gathered to remember the long-time senator from hawaii inouye was honored for his military service for world war ii and for his integrity in office. president obama says it was he who inspired him to run for office. >> the way he commanded the respect of an entire nation. i think it hinted to me what might be possible in my own life. >> danny's power and influence ultimately lay in his character. >> inouye died this week at the age of 88 due to respiratory problems. services are also planne

. i am talking about it saying i think it's good for this country. ruth is in sandy hook connecticut. >> good morning, bill. i am calling to say, please keep feeling guilty. >> why? >> because this adorable company does things to make sure that they don't pay taxes in the u.s. there is a thing called -- this was in "the new york times." it's double-dutch sandwich which reduces taxes by routing profits through irish subsidarbs like they are in i think arizona, even when they do things in california they manage to ship a part somewhere else. so they are one of the worst, even worse than wal-mart in terms of what they might have contributed to to. i take it that $24,000,000,000. >> they are avoiding in taxes . >> one little tiny thing, they have had the opportunity over the courses of the years to do things in a much safer way when they manufacture in china and all over the place. >> no. there have been stories about the working conditions in china which is another reason i am glad these jobs are coming here. ruth ruth, you make a good point.

at sandy hook elementary in new town close to dan very connected. the entire district is on lockdown and private schools in the area have been notified about the shooting. we will continue to monitor this developing story out of connected and bring you more information as it comes end. >> developing news here, mont the vista high school and lincoln elementary school will we opened this morning. both schools were closed yesterday after school officials are graffiti at a nearby school that made a threat against a months of this the teacher. to get you more news faster we turn to kron4 solo reporter mike pelton. >> hundreds of parents are are dropping off their students and the class is are now under way. there was a bomb threat targeting this school. they found the threat written in graffiti. a teacher here was the intended target. this was all the host was students are very eager to talk about the situation. >> i was confused as to why someone would want to do this. we are a nice cool and it's just scary. >> i want schools to happen so i can get my finals over and go to christmas brea

police. in the wake of sandy, and the week's long struggle for hundreds of thousands of power. another long island power authority bites the dust or the head. lipa steinberg said to quit yesterday. the power authority is currently under investigation for performance after the storm. he joins three other line lip that have quit. first twinkies and now you can say good by to bazooka joe. the makers of the stylish tasty gum getting rid of new iconic comic. it will feature activities and brain teasers. also being ditched is red, white and blue colors. being replaced like w. like fuchsia or yellow we like to salem monday. hit the shelves in january. >> we have got the gum. >> the gum is sticking around? >> bazooka joe the comic is gone. >> i'm all right with that. >> only beaming part to the gum was the comic. >> i disagree. do you like the stalish gum. >> the first two seconds was bad and then about the next 30 seconds was good. >> right. >> that's all you get. >> then it was all bad. >> pretty much all gum is like that anyway, isn't it it? >> no. >> and then your jaw hurts. >> and that se

in the northeast weren't doing much car shopping. the second half had to be on fire. sandy may have been the singest biggest car destroyer since katrina. or maybe more, given the fact that so many imparted cars were damaged near the cox of the region's rivers. tuesday morning we hear from the brothers toll. here's the best home builder in the country go. ing to tell you the story of the boom. if you remember there was a time when bob toll of toll brothers and eagles fan came on "mad money" during what turned out to be the early part of the housing collapse. he said he saw the light at the end of the tunnel. but it was most like lit light of an on-coming train. those days are gladly behind us. i suspect the toll tells a story that it goes down the fiscal cliff monday. every day is fiscal cliff tuesday, wednesday, thursday. you get the picture. anyway, you should pull the trigger here to buy it here if the fiscal cliff does what i'm afraid of. brown foreman reports wednesday. this is an interesting one. why? because goldman downgraded it to sell. just last night. i've seen this movie. they

liquidators to find out if increased home sales and efforts to rebuild after hurricane sandy could drive it higher. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer. #madtweets. send jim an e-mail to madmoney@cnbc.com. or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. [ male announcer ] what can you experience in a seat? inspiration. great power. iconic design. exhilarating performance. [ race announcer ] audi once again has created le mans history! [ male announcer ] and once in a great while... all of the above. take your seat in the incomparable audi a8. take advantage of exceptional values on the audi a8 during the season of audi event. >>> here in the united states, we're sitting on titanic amounts of energy that's both cheaper and cleaner than coal or oil, talking about natural gas. but we end up burning off millions of cubic feet of it a day because we don't have enough demand since our government refuses to support embracing nat gas for service vehicles. while we probabl

if increased home sales and efforts to rebuild after hurricane sandy could drive it higher. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. n you. ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> here in the united states, we're sitting on titanic amounts of energy that's both cheaper and cleaner than coal or oil, talking about natural gas. but we end up burning off millions of cubic feet of it every day because we don't have enough demand since our government refuses to support embracing nat gas for surface vehicles. while we probably aren't going to use it ourselves, last time

part of a star- studded evening to benefit those hit hard by superstorm sandy. >> alisha keys, rolling stones were there, bon jovi, clapton, your run of the mill rock and rollers, whole bunch of others lighting up the stage to raise funds. sandy damage estimates top $80 billion. hopefully that helped some of the folks. >> i'm sure they raised a lot of money. >> i had a chance to see bruce springsteen many years ago and what a concert that man puts on. wasn't a big fof his before. now love the boss. >>> cold temperatures and tides running very high. the king tides we are seeing an astronomical high tide with the sun and moon lining up just right. expecting that to peek out again this morning. it will peak out this morning and then low tides this afternoon. the main weather story with cold temperatures outside. we had showers yesterday. cold air from the gulf of alaska over the bay area dropping temperatures. out the door a frosty start to the day in many of the valleys. by the afternoon, mostly sunny and cool. there are more storms lining up on the horizon, more rain expected into tomor

and unemployment fell to 7.7%. >> hurricane sandy did not have an impact on these numbers. clearly, you do have an improving situation here. >> the message we all want to send to members of congress is this is a solvable problem. >> we've only got 25 days until the fiscal cliff. >> according to "new york times," house speaker john ba boehner has asked democratic leaders to step aside so he and the president can negotiate a deal one on one, and no one is objecting. >>> the crisis in egypt remains volatile, with massive anti-government rallies planned today. >>> heartbreaking survival story for a woman stranded in the snow in the california sierra nevada mountains. >>> shoppers at a seattle macy's had to be hospitalized when an escalator they were riding malfunctioned. >> fire to the end zone. touchdown. >> broncos with their eighth straight win. >> all that -- >> three, two, one! >> my 50th birthday, she gives everybody a car and then she's all, thank you for coming to gayle's birthday! >> we're talking about oprah, right? >> no, of course not. >>> and all that matters. >> south carolina tea par

parts of the country this year. superstorm sandy ripped through the northeast in late october, leaving a trail of damage along the way. the storm racked up damage of around $60 billion, making it the second most expensive storm ever for the u.s., following hurricane katrina. the storm destroyed houses and businesses on the east coast, leaving millions without power. just months earlier, crop prices shot up following a massive drought that hit the midwest and some northern states. weeks without rain sent corn and soybean prices sky-high. it was estimated that the drought was the worst in nearly a quarter of a century. 2012 was not without its controvesies. trading scandals rocked the news, highlighted by jpmorgan chase. the big bank lost more than $2 billion in what was called "a trading debacle." ceo jamie dimon took a trip to capitol hill for a testimony where he told senators that the industry needs "strong regulation, not always more." meanwhile, at chick-fil-a, the ceo of the popular chain cooked up trouble with some very public comments opposing gay marriage. the comments created

relaunched following the shooting at sandy hooke elementary. santa monica activist jerry rubin says a personalize marital war will be sent to church and who write to him about why they do not like playing with toy guns. rubin says his anti toy gun project used to reward children who sent in their toy guns with teddy bears and exchange, was their toy guns with teddy bears and exchange, was stopped after he ran out ♪ [ female announcer ] no more paper coupons. no more paper lists. [ dog barking ] no more paper anything. safeway presents just for u. save more. save easier. saving more, starts now. just for u on the safeway app. saving more, starts now. >> fruit of lovers if you are like me. all you know how to do is make reservations. we will make a prime meal. this sauce starts at cooking class us at this store in palo alto. >> we will be able to have you up and running. >> first we ball some water. how hard can this be? >> tonight we are making holiday-says this is spanish flu that you will be proud to serve your guests. this is a brief lesson on how you should use sharp kitchen k

of superstorm sandy. the labor department reported that 370-thousand people filed initial jobless claims last week. that's down 25-thousand people compared to the previous week. claims surged in mid- november, after the storm put many workers out of a job temporarily. november's jobs report is due out tomorrow. return to the new fantasyland in the magic kingdom at walt disney world in florida is officially open for business. the expansion includes more disney characters and two new themed areas -- the enchanted forest and storybook circus. the 425-million-dollar expansion is the largest in of the original fantasyland. will be opened through 20- 14. sports as next.. is next (male announcer): now, here's stanley roberts who found people behaving badly. >> you are looking at surveillance video of a bandit that has been hitting a home in livermore repeatedly the resident hopes you can idenitfy this brazen in the middle of the night thief he would steal >> cigarette packs on the front yard some garden tools that were in thr front yard one time he went in the back and a bb gun was stolen sara belie

from sandy, at the beginning of november, there was a lot to make up as we got throughout the course of november. but black friday came back nicely. we actually think that it's more going to affect some of the lower income consumers as you look back at the consumer confidence numbers than the higher end special names. we think it will hold it pretty well throughout the season. >> speaking of high end specialty names, you do favor coors and lululemon, those are some of the highest retailers out there. what do you see coors doing right? what sorts of sales numbers do they need to see this season to justify the valuation? >> they're at about 27 times. which given the kind of growth rate they've seen, i don't think it's all that expensive. the same-store sales were 25% last quarter. don't see that slowing even though we have modeled in a slowdown from that. not just at their retail stores, where they have a lot of room to open more stores. at the wholesale accounts, the big department stores, they're seeing incredible sales increases. they're putting in these shops that triple the busine

of silence to mark the one week point since a shooter killed 26 people at sandy hook elementary school. [ bells ] >> reporter: then the church bells will ring signifying another funeral for another child. pablo carmona attended the funeral of his friend and fellow boy scout benjamin wheeler. >> i don't really know why he had to die. but it's very sad. >> reporter: catherine hubbard liked to ride horses and allison wyatt wanted to become an artist. >> my husband asked me last night, he said, has this rocked your faith in god? and i said, absolutely not. but it has done a few things about my faith in human beings. >> reporter: the outpouring of love and emotions for the families of the victims extends far beyond this memorial in newtown something emilie parker's family found out when they took her body home to ogden, utah. >> a lot of you guys don't even know who she is. a lot of you never even met her. [ crying ] >> reporter: the father of 6- year-old victim emilie parker tried to thank the hundreds who showed up for her memorial service. >> i'm so thankful for everybody that's here. [

disasters like comedians. that's why for my upcoming benefit for victims of hurricane sandy, i booked the strongest, smartest comics i could find. my comedian friends and i will raise money to rebuild homes and lives one laugh at a time. so tune in next friday for my all star comedy special. >> together we can get new yorkers back to yelling at strangers and ignoring our friends. [ music ] >> heard around the country and seen on current tv, this is "the bill press show." >> bill: you bet. 25 minutes after the hour. the supreme court, it's going to be interesting to see how we -- we know how scalia and clarence thomas and samuel alito will rule but where will john roberts come down? will he begin be the swing vote? how about anthony kennedy? i think it's only a matter of time. and the supreme courters of the marriage equality are saying by independence day july 4th, we ought to know whether or not the constitutional -- the states that have banned same-sex marriage, whether that will be ruled unconstitutional. peter, what have you got on before we go to the phones?

the issue of the katrina spending, or sandy spending, the president has spoken time and time again, we need additional stimulus of spending. we saw how well that has worked out the last couple of times, $700 billion, $800 billion spent and not producing any jobs. that's the problem. when the government spends money, and a lot of these other infrastructure investments and stimulus, it takes from the private sector, not creating jobs. if the government is able to spend this money better than a private sector, i have a problem with that. >> i just came from michigan. there's been a resurgence of the auto industry. there was federal money that went into it. without federal money, chrysler and gm would have gone bust. >> the liquidity. like aig -- >> exactly. let me finish. you talk about it's all wasted. that's not true. that's not true. some of it is well spent. and i think you should answer your question. sandy, not named after me, had a major impact on the east coast. there's been a request for help from the federal government. i'm all in favor of accountability. >> but did you have accounta

't addressed the aid for sandy. it's now been six weeks after sandy and nothing has been done on that front. >> the gears move slowly, but the aide for andy will pass. it's just a question of when they get it done. and, of course, because that involves additional spending, that factors into the debt limit in the fiscal cliff negotiations, as well. >> john, do you know what is available to the president administratively, not legislatively in terms of gun regulation? >> first of all, all the issues related to enforcement of existing laws. >> what mayor bloomberg said is it was illegal weapons at that point that he was talking about. >> 77,000 for seven lives of something. would the gun lobby argue for astringent background checks for mental illness? >> probably. it depends on how it's framed and how it's enforced. but, you know, they've taken a pretty doctrine-aire view towards opposing anything under the nose under the camel's tent. feinstein is now going to reintroduce that bill. she passed it in the clinton administration. when it expired in 2004, george w. bush was president. he was nomin

hearts and prayers going out to the victims there. remembering those who lost their lives at sandy hook elementary in newtown. >>> a moment of silence observed at the new york stock exchange. in remembrance of those who lost their lives in the newtown, connecticut, shootings. ♪ [ male announcer ] you build a reputation by not breaking down. consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now trade up to get a 2012 chevy silverado all-star edition with a total value of $9,000. from outstanding value to standing the test of time, chevy runs deep. >>> time for the "mad dash" on a monday morning. apple gets an inordinate amount of attention. but it's not the sole source of pain. >> no. i'll tell you something, carl, we used to try to figure out who is in the apple device. tear it down, what do you find, qualcomm had been in there, skyworks, very big contracts. well, anybody who is ta

to get up. >> you okay, buddy? >> more than a month after superstorm sandy, a family living in a borrowed apartment is trying to put its life back together. >>> plus, back behind bars. john mcafee under arrest and get this. he's blogging from jail. >>> and could an online review of a business get you sued? a new case raises the question, just how far can you go when you sound off online? tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. hurry in and try five succulent entrees, like our tender snow crab pair

of banning or limiting guns used to kill the students and teachers at sandy hook elementary. they say the answer is deploying armed guards at schools. >> i call on congress today to act immediately to appropriate whatever is necessary to put armed police officers in every single school in this nation. it the only that i can stops a bad guy with a gun is a good guy with a gun. >> some politicians were quick to slam their proposal. >> the nra, i would say that they were tone deaf, but it's beyond that. they're just deaf. i mean, they have completely ignored, don't understand, don't grasp how deeply wounded this nation was. >> national correspondent susan candiotti joins from us new york. susan, the nra is adamant in its position and here we are talking about it today. so was this their game plan to change the focus of discussioning from gun control to school safety? >> well, good question. but of course, is one exclusive of the other? if you ban these types of weapons, if you restrict the size of magazine clips, for example, does that mean that you couldn't also require an armed officer

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